ocroaan 26.3935

THE CHARLOTTETOWN’ GUARDIAI)!

STOCK. Qlfo TA TIONS

vrsunnus luau ululu iililililliiNi

Corrected For Every Wednesday and Saturday Issue

PIIODUOI

oats .. . flay. loose cwt . . Straw. pressed 1. t gurnipl bus . . . . . otatoel bus .. ..

IITAIL I.\ IIKEI‘

Celery bunch Puiutnes IJIK - Lettuce heal Squash lb Applt‘! dos . Apples pk Tomatoes pk (‘nullfiuwcr crich ., Onions lb lieets pk .. . Veler-y hearts Ripe Tomatoes lb Cranberries qt. . Peppers each . Peppers rod eat-h . . Pumpkins lb , . ..i. 2c Hutton onions lb ... Mint . . . . . . . . ..

(‘nrrois lb ‘lurnips 3 for Spinach B lb Parsley bunch llrnccuii . . . _ .. , .. Brussels sprouts lmx .- . . . . . , ., ijrub apples pk . . Vcnl II) . . ... Roast liecf .

"‘IiS .00 -

mi. -

Cod lb 5,; Mackerel ear 20¢ Haddock lb .. _ 3c

M T’L. CURB

(Supplied hy Pilllelnl and (‘ompsny Members of Montreal Stork exchange)

Stocks 1i A Oil

liicicllors .\ .

ED. HARGREAVES

Mt '1. . St o c k Exchange

ii-

(riuppllrd by Piiih-Il uml (‘ompsny Members of iilunircul’ pluck exchange)

Stocks

Bell Tel .. Bruzliiuu .. B t‘ lmw .. iloiu Sit-cl (‘an (‘t-uicnt. ,

Open Lust

(‘in l'ac it Dom Bridge lull) Tub .. inter Nickel McCall Front slim: Pow . 31’ Nnt Brew . 37% Nat Steel Cur . . 14 Puircr (‘or-p , _ , , _ _ _ ‘ __ 9% Sbawinignn .. .. .. 18'», 18% an Cnu l_'r 1;; 13 bteel of Cun . . . . . . . ... 53% ILINKB 52% mm 257 . 1151i ltoyui ...1ii0l’ l Can Bk of Com . . . . .. A 1508“

i Pr: on UCE

lCsnadim Press) MONTREAL. Oct. 25—Priccs were steady on the produce sec- tion of the Canadian commodity exchange today as no sales were rlnnizde in spots, to arrive or future s.

Butter futures-no sales; vember closed 24 to 24 1-4; cember 24 l-B to 24 3-8; 24 1-4 to 24 1-2.

Butter spot-no sales; Quebecs (92 score) closed 23 3-4 to 24; Quebec unsalted 24 1-2 to 25 1-4; westerns 24 asked: western (91 score) 23 5-8 asked.

Cheese spot-no sales; Quebec white closed 11 to 11 3-8; Quebec colored 11 1-8 to 11 3-8; Ontario white 11 1-2 to 11 5-8; Ontario colored 11 1-8 to 11 5-8; Ontario White (Benton-ism 12 s-a asked: Ontario colored (September) 12 3-4 asked.

Egg spot-no sales; closing prices A-large 39 to 40; A-medium as to a1; A puuets a1 to s2; B- lurge 25 1-2 to 26; B medium 24 to 24 1-2; c medium 22 to 22 1-2.

On the open market potatoes in BO-pound bags brought 05 to 90 for Prince Edward Island green mountains. No l; 80 to B5 for P. E. I. cobbiers. no 2 ; 80 to 85 for New Brunswick green mountains. no l; “I5 to C0 for No l Quebec green mountains and 55 to 65 for no 2 Quebec cobbiers.

No- D3. January

KIRKLAND

IS SINKING TO 325 FEET

Level Established at Dept of 175 Feet-Crosscutt- ing Intersects Main Vein-Plant Enlarged to Permit Operations to Depth of 1,000 Feet- Adds to Present Equipment

In communication lviih- onlcial: of Ed. Hargreaves Kizkland Gold Mines, Ltd., it was learned that a gmup of directors recently return- sd from an inspection tour ci the company's property, comprising fivc

Port of the new mining plant st Ed Hargreaves Kirkland

Mines in the Kirkland Lake area.

claims having a total length of about one mi'c, in the Kirkland Lake area. The claims are located in the eastern extension of the Kirkland Lake one zone.

Toronto Stock ~ Exchange

("Milli Quoiltions As Supplied By

E. M. lilrliean and Co. Ltd" by dir-

Qtt Wire to Charlottetown, P. E. l.) October 25, was. I

INDUSTRIAL Stocks Ablilhi , . _ _ _, licuili’ Washer lirewcrs and 112st. . lkll Tel . . . . .. Bank of Cum

Bra iisn

B U Pow 27 Can Bread _ _ my. Can Bread Pfd w Canada Bud ... . 6 Can Cement . , , Q32 Canada Dredge . ' g4 (‘anada Car .. 5“ Canada Iinlt . 33y (Jun lndus Al . 3f‘ (fun Puckcrs 14% (Jun i'ac . . . . .. 9% Cccksbutt Plow . g Dom Bridge . ' n“ Dom Stores 3% Ford u! Can m Gypsum 5“ (lenernl Steel _. uoodyv-ar Tira ' 54% Inter Pet ' agsv‘ nun ou 23‘ pun glib n“

up 0

Lubinw _ 18% Aiouiicnl Light ., __ __

31'1""? Harris , llcichersA _

.\'ati Steel Car .

Natl Brew .

Assoc Uss Eiec lifludlx . . . . .. __ 22% lllec. Bond Shuro ' 15 I “ilhvsler . .. '37 i‘on tins A hen Eiei hen Mo: . 53 51in’ {Ind . . , I_ g haw iorlr and Nezv Haven 6

Pale 011 6 per em Radio . Stand Oil N J . . Packard . United States Stu-l

iillhlNii Anglo Hur_.. Acme Gas Oil

(‘satin Tre llolue . , lilidorurlo Fnlconhrirlge God's Lake (lununr Gold . Greene Nthbuli llolilnger . Hudson Bay Howey ... (‘onsnl Smeltcia .. int Nickel . . .

liillle Long Lav .. ilnka Show ., .. .\lcl\'eu1.lo lied Luke IlcWntters ,.. , , ,_ Mncsssu

blur-no .. Nudlirnn .. hlvlvanite . 'l‘ushots .. 'i‘uburn I'm-k lfughcs _ \".~nturcs . .

UNLINFIEI) MINES Athens .. .. 48 liunkfield . g5 (‘lurk Gold ... 3p Ed Hargreaves 50 i-nmaquc . Q25 Oklend .. . 3o Sliavvkcy . . . . .. 45 Sturgeon liiver . g5

lisr grim lulu, ]|',.".".]|."' Silver '.'il 5-10 unchanged. Sterling 101% uff h.

WaF/zets At A Glance

(Canadian Press) Toronto and Montreal-Indus- trial stocks irregularly higher, Toronto Mines-Irregularly 10w-

New York-Stocks closed mm. Winnipeg-Wheat up 1-8 to 3-8

BK‘

cents.

Gold Several new buildings including

bunk houses, office building, eta, lrc now under construction.

Operations lo date have largely been financed by p ivate interests and a considerable amount of de- velopment work has been complet- ed. Surface exploration has revealed three important parole] veins ex- tending over 3.500 fcct. A two-com- Phtmcnt shaft has been sunk to a depth of 1'15 feet, where crosscutting disclosed the main veins some 40 fest south 0f the shall. It is statfld thlt the V7111 rpgeared to be more massive than on surface, and ac- Wrding to all indications.will per- llglt to greater depths.

'5. A. Macvichie mining engineer. in a report to oillcials. stars in pfirt It follows:

_’“l‘he improvement in the vein at this depth from surface is mast Ifltifying, the vein matter csrying a. greater sulphyde content and the fsct that the vein is becoming more massive with every round and rich- er in sulphides. proves out ore to be typical o.’ that of the big pro- illlfiing mines of the Kirkland Lake mining ramp, ard gives every in- dlcstiun that you have the makings of u mire." <

E. B. E. D:Cam"s. PROS, states list clorly p":a"e'inz th: azhl lflno of the Syrolirs on its-north ccruri the n-csiled main

sk of Kirkland Lake, a long, ° usrnfively narrcw strip of high‘- ‘Y “"1 "' h" ‘c’. mirrrwizrd. ‘eltl-lc .131‘! i .".t'on. the. most ‘ Hargreaves Kirklmd Gold

Several new buildings including a now undcr construction. conpicuous ecoiogic feature of this district. inasmuch as all its great mines lie along its course. It strikes about N. 70 dzgrees E. and dips somewhat to the south. This would reEm to indicate. he states, that its north-eaiteriy extension traverses the group under discussion, which contention is further supported b!’ a consideration c1 the geologcsl character of the property.

In refsrence to proposed dzve'op- men‘. it is stated that it is the in- iention cf the management to carry the shaft to a depth of 325 i009 and wtrk in this connection is now well advanced. Th: plant which i: (‘esigneri to carry work to the 326- foot horizon is ncw complete and capable cf operating to 1.000 fret depth. A level will be estrblished It 325 feel. following which lateral work will get underway to develop the known ore bodies on this hori- mn. As th's work procszds the shaft will be deepened to permit more extensive development at greater depths.

A new engine house i; now near- ing csmpletim and mzchinc shop and additional bunk hours are undo: construction. An additional high pressure boiler as well as air_ c'rillr, c:c., are sis: being added to (in, pzcsent equi"m'nt.

Tile coruwanv ‘hst an authorized capital. of 3.000.000 share; of which

1.441.006 . have bzsn- issued.- tn date. .

New York-Cotton and sugar lower; rubber and coffee higher,

GRAIN

(Canadian Press) WINNIPEG. Oct. $-

CABII PRICE!

Wheat: No 1 hsrd 009i; No 1 nor S814.‘ No 2 nor 80%; No 8 nor 8i ; No 4 nor 75$; No 0 05 ;fecd 40 : feed 49%: ho 1. garnet ; No 2

No 1 durum 83%; No 4

garnet 80V‘; special 7ilizlNo ii special 651g; Na a special 001.; No 0 special 50%; Frock 8872,.

Outs: Nu 2 (I W 33 ' No (‘ W

‘K. 8 » 271,}; Ex i feed 21%; No i feed 25%; I feed 21%; No 3 feed 10%; Track n2 t

Hurley: s.» a c w and m»: am; m. 417\\'21l',lfi; No a c w mg; m. 0 u w cw.

Currencies

(Canadian Press)

NEW TORK. Oct. 25—'l‘h0 Olnlfl- lan dollar uss sllghtl higher, ster- ling and tbs French sue s little lower in the foreign exchange mar- ksts today.

The Dominica dollar reduced its discount from 1% to 1 -16 per cent. Tho pound was off l‘ st 01¢ whlls tho franc closing at 0.60 cents, showed a of .0054 of a

CG ,

MONTREAL, Oct. as-currsn- cics declined narrowly on Mout- resl foreign exchange today. The pound sterling lost 13-16 of s cent at 04.08 i-16 and the United States dolsr- 1-i6 of one per cent at 1 5-16 per cent premium The Franck frsua held st II slit.

IOII

N. Y. Stock ‘ Exchange

(Supplied by Pltflelrl and Cllnlplally Members of Montreal stock exchange)

Stocks Open Lssi Am For Pr 6% 7 Am For Pr pfd . 311i’. Am Watevwork . 17% 17% Am (‘an . 140% 145% Am Iiad .. 111/. 18% All! Tel Tel .... . 142$"; 144% Anaconda , 215i Auburn . e-i Atebisou 49 Bait Ohio 16 Ben Aviation 22 Beth Ste 39 Case 06 Chrysler 81 Con Gas . 291 Eiec Auto Light . 37% Eiac Bond Shale . 16 Gen liilec Iii Gsn Mot ill Gr Nor Pfd 26 lat. '1‘ and T 115, Keunecott . 255,4. Mont Wnril 34% Niag Hud 1'1- 315 N 1' Central 201/, Paramount 10% 8 18% it? Vanadium . 17s‘; a; Westinghouse . 86% S005 (Canadian Press) TORONTO. Oct. 25- ltockl Close Acme Oil on Aiex Oil Arntflold iex .. Anglo H Alhiey Astoria

Common \V l’ . Conisgss .. . Ceniarum

Granada " Grandoro Greene .. Gunnur . Ilarker

Lnlnaque Leo Gold Iitl

‘vances in motors, steels and utili-

Ifoneirt Morris K

Newbec .. Nlllissing Norands Noranrln .. Psymnsier- . . Pioneer .. Premier , Pros Air Perron .

Ht Anth _ ,_, Sud Basin . Ymir l’ G . , Silvers _ Total sales 510000. (‘In Kirk .. Church H .

Porc Cro Preston ..

EXCHANGE

(C all P

IIDNTREAI: of: Zorf-‘Igritish and fvfflkn exchange in relation to the Psnarllan dollar as complied by the Royal Bunk of Canada closed today as follows:_

Iirrentins peso .211s.

Australia Pound 8.9781.

Austria schilling .1010.

Belaium bolas .1707.

Brazil milrels .0693.

China l-long Kong dollars .4836.

Denmark krone .2226.

Finland finmsrk .0221.

France franc .0668. ,

Germany's reichsmaxk .4080.

Great Britain pound 4.9807.

Holland florin .6881.

Hungary pengo .3011.

India rupee .3768.

Japan yen .2916.

New Zeslsnd pound 4.0162.

Norway krone .2504.

Poland slotl .1914.

South Africa pound 4.0676.

Spain pesets .1886.

Sweden krone .2670.

Switsarlsud franc .8294.

United States dollar 1 6-16 per cont premium.

Closing exchange rates: .

At Montreal-Pound 4.06 1-16; U. B. dollar 1.01 6-16; franc 6.66.

At New York-Pound 4.91‘; Can- adian dollar 06 11-16; franc 6.50 1-6.

At Paris-Pound 14.66 fr; Can- aflsn dollar 14.06 fr; .U. S. dollar 16-1’! francs.

In gold-Pound 11s; Canadian dolin- 6662 cents: U. S. dollar

I.“ OBI

New York Curb

(Canadian Press)

_ (PAGE

NINE l

We o Highly Recommend

The Purchase of

Stocks C1019 Amer CyanB ... .. .. 271-4 Am Gas Elcc ..... 37 3-8 Amer Sup Pow ... 2 1-8 Assoc Gas Elec A -

Atlas Corp ... . . 12 3-4 Can Marconi 1 7-3 Cities Berv... .... 21-8 Eiec Bond Share . 15 7-8 Ford of Can . - 29 5-8 Guf Oil Penn . .. 65

Hum Oil He! ... . 59 3-8 Imp Oil -.. ... 211-8 IntPete ... .. 371-8 Nib! Hud .. .. 8 3-8 Std Oil Ind .. -—

StdOllKen 20 3-4 Un Light PowA . 21-8 Un Light Pow pfd . .. 18 3-4

Brisk Trading On N. Y1 Exchange

(By Frank MmcMIIlm)

l1 ucnss m». ‘

nAtAl$A ....

. l’ HAROREAVES | KIRKIfiADOOLDMINE8LTD.

KIRKLAND . xnuswiu _- GOLD AREA. .- _‘/'¢'°"4~.Y "‘ "l ———_..+.__i" ’ r“ nus y . '_, i izilsifasiu z - f i: C f< \ 5:21: Lean. 0 Iml , ’ ‘#39 4. , w . * i one Lona / 0 g2,” I I '4 "J ‘r w‘ nun. 0 1A 7*‘. y. BIDQDUQ L| é h‘ w In,» "m “at KIIKLAND A V” p15?” '0“ L "NIOYAL E1 uni ‘y’ Mcrnv mu. col- l" . . ‘mini-l if “’ SYLVANII! SIP-Zn» n aka \ u IIIF 3 F: l clash,‘ “'2'. n ._.a ___s F _..| -__r A L MAP SHOWING "”"’”’

(Amociat-cd Press Financial Writer) (AI. By Guardian's Special Wire) NEW YORK, Oct. uri-Fresh ad-

ties that carried some into new high ground for a year or longer with gains of 1 to 3 points featured brisk trading on the stock exchange to- day. _

Measured by the Associated Press average o1 S0 stocks. the market rose 0.4 o! s point to 52.5, the h’gh- est level since September 14. 1931. ‘transactions totalled 2.473328 shares compared with 2,155,910 shares on Thursday.

Wall Street circles explained the higher price; partly in terms of better earnings rPpofls. and the mounting, tide of excss: banking reserves to s. new all-time high, a factor which has recently been strersed by var?ous observers as containing potential inflationary material.

demand for a. wide variety or shares including recent specu'ative favor- ites among the motors and acces- sories, the so-called specialties put on a sharp burst of speed led by Coca-Cola. which bounded up 12 points but lost 2, closing 10 point:- higher at 2'16.

American Bank note was also in

While thermriselvsslkfinded on

the van of thee/advance with afigaip

Phone 1122.

of 4 5-8 to 63 3-4. Other spiciaitie! which turned in gains o’ 1 to 2 or more points included Collins a Aikman at 39 3-4, crown C'rk and Seal at 40 3-8 and Westvaoo chlor- ine at 24 5-8. All cf which sold at new 1935 highs.

‘In the Canadian list tract-lulu] gains were shown by such stocks as Dominion Stores. International

Ed. Hargreaves Kirkland Golda Mines “d In the heart of the Kirkland Gold Camp.

A property of merit well warranting your investigation. information from E. M. McLean & C0., Ltd., Brace Block, Queen Street, Charlottetown.

Full

Nickel, Distillers-Seagrsms. Hollin- ger, Lake Shore. Imperial Oil and Musey Han-is. McIntyre-Porcupine and Hiram walker were slightly lower.

Both Chrysler and General Mot- ors continued their trek into new high territory. closing sl. 8'! l-l and as 1-8 respectively. each with more than s point gain.

QEW ISSUE

Dated November 1st, 1935

nipe: or Vancouver. as a Whole in part. at

Common Shares (

The C

capacity of approximately 36 which

xcaolulions of Boards of the

GAIRDNER &

The

Principal and serial-annual intarst. (November 1st and May lat.) payable la

W Bonds in denominations of $1.000 and $500. wi or any time on thirty day 1N0: st 102 up in and including November 1st, 1046: and

provisions of the Trust principal amount of General Mortgage Bonds or other second mortgage scc

erty of approximately 81 acres in tlic

available for sale of 300,000 ions of coke; 3,300,000 and benzoi; and 2,400,000 M cubic feet of as. W ilc the other products are sold generally nited Gas 8t Fuel Company of Hamilton, Limited, w ich buys from the all its requirements of manufactured gas for distribution in the City of Hamilton and neighbouring municipalities and distributes First Mortgage Bonds s new formal contract will be entered into

sud elsewhere, the gas is disposed

the same to over 17,000 consumers. Prior to the issue of the expiring March 31st, 1961, embodying the principles of and the practice adopted in operating under lbc is contained in an agreement dated December 7th, 1922, as interpreted and amended (effective as from

times annual interest requirements on mounting to $190,000 on the First Mortgage and General Mortgage Bonds.

PURPOSE OF ISSUE: Proceeds of thin issue will be used to redeem the of 7% First Mortgage Twenty-Year Sinking Fund Bonds, due February Is i943, and in or tower s the redemption o $1,269,500 of the Company's General Mortgage 6'/z% Tweniy-five-Yesr Sinking Fund General Mortgage Bonds, or other securities in lieu thereof, will rank after the First Mortgage Bonds of this issue.

, 02,500, Hamilton By-Product Coke Ovens, Limited

First Mortgage Twenty-Year Sinking Fund Bonds, 5% Series “A”

Mafuring November Isl, 1955 w-ful money of Canada in Montreal, Toronto. Saint John. Halifax, m’... a, . u” . . . ... .

108 up to and inaludinl November 1st. 1060| thereafter at psr

D012 the option of tbs Company. at. It I01

unui maturity ; each case

000

s‘ notice. at u in and including w Lb accrued interest.

Chartered Trust and Executor Company, Trustee.

',4 descriptive circular, copies of which will be supplied upon request, contains a letter from Mr. S. A. Morse, President d Hunilton fly-Product Coke Oven-s, Limited. from tohidn the I

oilmeing is summer

CAPITALIZATION (On completion of this financing)

First Mortgage Twenty-Year Sinking Fund Bonds 5% Series “A” (i . . General Mortgage 6%% Twenlfhfivc-Ycsr Sinking Fund Bonds ..

is issue) . . . . . . . . . . . . . . . . ... .....